Picture this! Your employee comes to you one day and wants a salary increase. However, you can’t provide them with a raise or you don’t consider their work efforts entitle them to one.
Has this happened and how do you handle this type of situation?
It’s a delicate matter particularly if you value this employee’s efforts in your business.
How do you approach this without risking demotivating and upsetting your employee by not giving them a raise? Or do you give them a salary increase which can result in a financial burden to your business if you can’t see sufficient financial turnover from this employee’s work?
What is the best way to handle this? Here are 4 important tips to remember when one of your employees next asks you for a salary increase:
So, when an employee in your company comes to you next to discuss their salary, consider these important points before making your decision.
Decades of experience helping fill the HR needs of top companies
We'll help you prioritise what's important to you in your next career